Address
913 Olney Sandy Spring Road, Sandy Spring, MD
Price
$ 1,300,000
Property Attributes
- MLS#MDMC2103038
- TypeCommercial
- CountyMONTGOMERY
- CitySandy Spring
- Zip20860
- StyleApartment Building,Bed and Breakfast,Banquet Facil
- Year Built1899
- Taxes$ 8036
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2052
- Lot Size0.95 Acres
Data Source:
Bright MLS
Property Description
Redevelopment Opportunity: CRN Zoning Mixed used commercial and residential opportunity. Ability to build up to 31,000 sqft and go up to a 45 ft height. This allows for single family, townhouse, condo/apartment complex development up to 31K sqft or a 10,000 sqft standalone commercial building. Best and highest use allowed is a mixed use development with ground level commercial and residential condos or apartments above. Uses allowed by right: Townhouse, Multifamily, Mixed use 1st floor commercial with residential above, Church/Religious purpose, Adult nursing or group home, non-profit center, daycare, medical practice or clinic, office, retail, Artisan manufacturing and production Great area for business with 17,000 daily passerby. Great visibility and high income demographic with household income average at $151,000 within a 3 mile radius. Summary: .99 acres/41,266 Sqft Intersection of Olney Sandy Spring rd and Brooke Rd Road frontage 230 ft on Olney Sandy Spring Rd and 264 on Brooke Rd Commercial Residential Neighborhood Zoning (CRN) Mixed Use redevelopment up to 30,950 sqft with by right .75 FAR ratio 25% Commercial use and 75% residential use 45 Ft height limit allowing for 4 story building
| Price History | |
|---|---|
| 8/7/2023 | Listed $1,500,000 |
| 1/5/2024 | 14% - $1,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C,Ceiling Fan(s) |
| Possession | Subject to Existing Lease |
| Zoning | CRN07 |
| Construction Materials | Combination |
| Year Built | 1899 |
| Property SubType | Land for Commercial Use |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building,Bed and Breakfast,Banquet Facility/Lodge,Convenience Store/Gas,Day Care Facility,Flex,Hair Salon and Spa,Institutional,Other/General Retail,Professional,Recreation,Religious Facili |
| Accessibility | Other |
| County | MONTGOMERY |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Apartment Building,Apartments,Barber/Beauty,Bar/Tavern/Lounge,Bed & Breakfast,Beer/Wine/Liquor,Church,Clothing,Commercial,Convenience Store,Development,Day Care,Dry Cleaner,Florist/Nursery,Food & Bev |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-10T03:14:29 |
| City | SANDY SPRING |
| Buyer Agent Compensation | 3 |
| Total Units | 1 |
| Lot Size Square Feet | 41266.00 |
| Tax Assessed Value | 626133.0 |
| Waterfront Y/N | No |
| Street Name | OLNEY SANDY SPRING |
| Tax Annual Amount | 8036.0 |
| Price Per Sq Ft | 633.53 |
| Vacation Rental Y/N | No |
| Days on Market | 278 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | OLNEY OUTSIDE** |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Hardwood |
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 20 |
| Type of Parking | Parking Lot |
| Land Use Code | C |
| Foundation Details | Stone |
| Water View Y/N | No |
| Building Area Total | 2052.00 |
| Lot Size Acres | 0.95 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 406600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 20 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 20860
Price
Taxes
Visits
Year Built
Walkscore
Copyright © 2024, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Knot6 Real Estate Services, LLC does not display
© BRIGHT, All Rights Reserved
